moneymarkets

PayPoint faces ‘letters before action’ over energy pre-payment meter competition row and re-tenders agreements with clients PayPoint said it would ‘respond robustly’ to the correspondence received  Group provides services to energy suppliers for pre-payment meter top-ups By Jane Denton For Thisismoney Published: 10:52 BST, 29 March 2023 | Updated: 10:54 BST, 29 March 2023 PayPoint has received ‘letters … Read more

Boss of Royal London says peace has broken out between his firm and rival insurer LV after bitter falling out, though failed merger talks not being revived By John-Paul Ford Rojas, Financial Mail On Sunday Published: 21:53 GMT, 11 March 2023 | Updated: 21:53 GMT, 11 March 2023 Peace: Royal London boss Barry O’Dwyer The boss of … Read more

Shares in shopping centre giant Hammerson tumble as value of its property empire falls By Daily Mail City & Finance Reporter Published: 21:50 GMT, 9 March 2023 | Updated: 21:59 GMT, 9 March 2023 Hammerson saw shares tumble after a fall in the value of its property empire. The shopping centre group, which owns Birmingham’s … Read more

Fraud fears see shares in Wandisco suspended: Bosses find ‘potentially fraudulent irregularities’ in company finances By Leah Montebello For The Daily Mail Published: 21:52 GMT, 9 March 2023 | Updated: 21:52 GMT, 9 March 2023 Financial irregularities: Wandisco has thrown out its guidance for 2022 Wandisco shares were suspended yesterday after bosses discovered ‘potentially fraudulent … Read more

Santander’s UK finance chief paid £500,000 in relocation expenses in each of last four years By Patrick Tooher, Financial Mail On Sunday Published: 21:51 GMT, 4 March 2023 | Updated: 13:31 GMT, 5 March 2023 Santander’s UK finance chief has been paid £500,000 in relocation expenses in each of the last four years, documents show. … Read more

Hopes of tax-cutting Budget hit by recent jump in Government borrowing costs that threatens to blow hole in public finance By Patrick Tooher, Financial Mail On Sunday Published: 21:51 GMT, 4 March 2023 | Updated: 10:51 GMT, 5 March 2023 Problems: Chancellor Jeremy Hunt Hopes of a tax-cutting Budget have been hit by a recent jump … Read more

Troubled property company Home REIT promotes itself as a socially responsible provider of high quality accommodation for the homeless, but those claims ring hollow to the Hyde family. Life in their terrace house in the seaside town of Morecambe, where the family lived happily for three generations, has turned into a nightmare due to the … Read more

Lloyd’s of London faces £6bn claim over planes stolen by Vladimir Putin: Insurers sued by owners of 400 planes worth £8bn seized by Kremlin Dozens of claimants have launched multi-billion pound claims   Case is the biggest-ever insurance dispute over aviation  Alleged the move by senior Kremlin figures was in retaliation against sanctions By Luke … Read more

Hargreaves reaps the interest from holding clients’ cash as savers snub stocks and funds amid turbulence By Emily Hawkins For The Daily Mail Published: 22:07 GMT, 15 February 2023 | Updated: 22:07 GMT, 15 February 2023 Britain’s biggest investment platform Hargreaves Lansdown earned huge interest from holding clients’ cash in the final six months of … Read more

Industrial action had a noticeable but limited impact on economic growth in 2022, as lost working days hit a 34-year high, but further strikes are set to weigh more heavily on the UK this year. Office for National Statistics data last week showed UK GDP was flat in the final quarter of last year, narrowly … Read more